2022-10-28 11:52Financial Performance - Operating revenue for Q3 2022 was CNY 54,266,244, representing a year-on-year increase of 10.76%[4] - Net profit attributable to shareholders for Q3 2022 was CNY 2,896,531, an increase of 17.18% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,346,189, up 28.39% year-on-year[4] - Total operating revenue for the first three quarters of 2022 was RMB 135,563,342, a decrease of 6.2% compared to RMB 144,459,621 in the same period of 2021[21] - Net profit for the first three quarters of 2022 was RMB 7,746,428, slightly down from RMB 7,782,019 in the same period of 2021[21] - The net profit for the first three quarters of 2022 was RMB 3,468,897,000, compared to RMB 2,447,479,000 in 2021, reflecting a growth of approximately 42%[28] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was CNY 9,859,793, with basic earnings per share at CNY 0.21, a decrease of 8.70% year-on-year[4] - Cash flow from operating activities showed a net inflow of CNY 9.86 billion, compared to a net outflow of CNY 1.42 billion in the same period last year[7] - Cash and cash equivalents as of September 30, 2022, increased to RMB 53,033,999 from RMB 48,585,115 at the end of 2021, indicating improved liquidity[17] - The cash and cash equivalents at the end of the third quarter of 2022 were CNY 47,293,432 thousand, up from CNY 31,270,056 thousand at the end of 2021, representing an increase of approximately 51.2%[25] - Cash flow from operating activities for the first three quarters of 2022 was negative at RMB (166,881,000), compared to a positive RMB 1,633,352,000 in 2021[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 458,586,639, an increase of 7.44% from the end of the previous year[4] - The total assets of the company increased to RMB 458,586,639 as of September 30, 2022, compared to RMB 426,826,499 at the end of 2021, reflecting growth in the asset base[18] - The company reported a decrease in accounts receivable to RMB 86,044,874 from RMB 72,985,213, indicating improved collection efficiency[17] - The company’s total liabilities increased to RMB 274,291,014 as of September 30, 2022, from RMB 244,534,993 at the end of 2021, highlighting a rise in financial obligations[20] - The total liabilities as of September 30, 2022, amounted to RMB 49,913,564,000, an increase from RMB 43,978,773,000 at the end of 2021[27] Revenue Breakdown - Operating revenue decreased by 6.16% year-on-year, primarily due to a reduction in railway equipment business deliveries[8] - Railway equipment business revenue was 46,704,557 thousand RMB, down 11.19% from the previous year, mainly due to a decrease in high-speed train revenue[9] - Urban rail and urban infrastructure business revenue was 34,585,866 thousand RMB, a decrease of 7.53% year-on-year, attributed to reduced subway business revenue[10] - New industry business revenue increased slightly by 0.19% year-on-year, remaining stable at 48,727,529 thousand RMB[10] - Modern service business revenue decreased by 4.96% year-on-year, totaling 5,545,390 thousand RMB, mainly due to a decline in leasing business[10] Shareholder Information - The largest shareholder, China CNR Corporation Limited, holds 50.73% of the shares, totaling 14,558,389,450 shares[11] - HKSCC Nominees Limited, the second-largest shareholder, holds 15.18% of the shares, totaling 4,357,368,853 shares[11] - The total number of ordinary shareholders at the end of the reporting period was 677,231[11] - The company’s total issued shares amount to approximately 28.9 billion, with China CNR Corporation Limited holding a total of 14,736,252,450 shares, representing 51.35% of the total[15] Investment and Expenditures - Development expenditures rose by approximately 43.06%, reflecting an increase in anticipated capital R&D spending[6] - Investment activities resulted in a net cash outflow of CNY 6.01 billion, a decrease of CNY 10.60 billion compared to the previous year[7] - The company issued short-term financing tools totaling RMB 20 billion in 2022, with a remaining balance of RMB 11 billion[16] - Long-term borrowings decreased to RMB 3,720,845 as of September 30, 2022, from RMB 7,454,276 at the end of 2021, indicating a reduction in leverage[20] - The net cash flow from investing activities for the first three quarters of 2022 was negative CNY 6,014,027 thousand, an improvement from negative CNY 16,618,126 thousand in the same period of 2021[24] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22]